Birchcreek Wealth Management LLC Sells 284 Shares of Vanguard Materials ETF (NYSEARCA:VAW)

Birchcreek Wealth Management LLC decreased its position in shares of Vanguard Materials ETF (NYSEARCA:VAW) by 15.7% during the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 1,527 shares of the company’s stock after selling 284 shares during the period. Birchcreek Wealth Management LLC’s holdings in Vanguard Materials ETF were worth $323,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in VAW. Ashton Thomas Securities LLC purchased a new position in shares of Vanguard Materials ETF in the third quarter valued at $25,000. New Millennium Group LLC purchased a new stake in shares of Vanguard Materials ETF during the second quarter worth about $33,000. Rosenberg Matthew Hamilton purchased a new stake in Vanguard Materials ETF in the second quarter valued at approximately $42,000. CWM LLC boosted its position in Vanguard Materials ETF by 35.9% in the second quarter. CWM LLC now owns 231 shares of the company’s stock valued at $44,000 after buying an additional 61 shares during the last quarter. Finally, McClarren Financial Advisors Inc. lifted its holdings in Vanguard Materials ETF by 100.0% in the third quarter. McClarren Financial Advisors Inc. now owns 384 shares of the company’s stock valued at $81,000 after acquiring an additional 192 shares during the period.

Vanguard Materials ETF Stock Performance

Shares of VAW traded up $0.22 during trading hours on Friday, hitting $205.74. 2,098 shares of the stock were exchanged, compared to its average volume of 44,995. The stock’s 50-day moving average price is $208.03 and its two-hundred day moving average price is $201.71. The company has a market cap of $3.05 billion, a price-to-earnings ratio of 15.20 and a beta of 0.98. Vanguard Materials ETF has a 12-month low of $174.91 and a 12-month high of $215.82.

Vanguard Materials ETF Company Profile

Vanguard Materials ETF seeks to track the investment performance of the MSCI US Investable Market Materials 25/50 Index, a benchmark of large-, mid-, and small-cap United States stocks in the materials sector, as classified under the Global Industry Classification Standard (GICS). This GICS sector is made up of companies in a wide range of commodity-related manufacturing industries.